Payment terms built around the type of stock transaction.

Hamida Traders uses different payment arrangements depending on where the garments are held and how the transaction must be completed. The final payment method is confirmed for each commercial offer before shipment preparation begins.

PAYMENT TERMS

Payment method depends on
where the stock is held.

The commercial invoice or confirmed offer should state the applicable payment route. Buyers should not assume that every stock opportunity is available under the same payment method.

01
TT β€” TELEGRAPHIC TRANSFER

Bank transfer for applicable confirmed orders

TT can be used where it is agreed for the specific transaction. The payment instruction and beneficiary details should come from Hamida Traders through the approved commercial communication for that order.

BANK TRANSFER
02
L/C AT SIGHT β€” LIMITED APPLICATION

Used only for specific shipment-cancelled factory stock

L/C at Sight applies only where the product is a shipment-cancelled garment stock that is still held at the factory and the factory must complete the export shipment. These transactions are handled subject to the applicable Bangladesh export, banking and garments-industry requirements for that shipment.

FACTORY STOCK
03
DIRECT WAREHOUSE PURCHASE

Direct settlement for Hamida Traders warehouse stock

For selected garments physically held in the Hamida Traders warehouse, a buyer may purchase the stock directly under the agreed cash/direct-settlement terms after the product, quantity and commercial details are confirmed.

WAREHOUSE
04
PAYMENT VERIFICATION

Payment must be confirmed against the correct transaction

Payment reference, amount and transaction details should match the confirmed commercial arrangement. Stock release or shipment preparation proceeds only after the applicable payment requirement is verified.

VERIFY
05
FINAL COMMERCIAL TERMS

Follow the terms stated for the specific offer

Currency, bank charges, payment timing, shipment responsibility and any other commercial condition should follow the final agreed offer, invoice or transaction documents for that stock.

ORDER-SPECIFIC
IMPORTANT PAYMENT SAFETY

Confirm the transaction before
sending any payment.

01

Use Confirmed Bank Details

Use only payment instructions provided through the approved Hamida Traders commercial channel for the relevant order. If bank details appear to change unexpectedly, confirm them before paying.

02

Quote the Correct Reference

Use the invoice, offer or order reference associated with the transaction so the payment can be matched correctly.

03

No Automatic Payment Method

TT, L/C at Sight and direct warehouse settlement are not interchangeable. The applicable method is confirmed separately for each stock transaction.

L/C AT SIGHT β€” WHEN IT APPLIES

Factory-held shipment-cancel stock follows a different route.

Some shipment-cancelled garments remain at the producing factory rather than moving into the Hamida Traders warehouse. Where the factory must make the export shipment, L/C at Sight may be the applicable payment route for that specific transaction.

IMPORTANT DISTINCTION

L/C is not the default payment method for every stock offer

It is reserved for the relevant factory-held shipment-cancel stock arrangement. The exact documentary and banking requirements are confirmed for the individual transaction and must comply with applicable Bangladesh rules.

FACTORY-HELD STOCK Shipment-cancelled stock still at factory β†’ factory export shipment β†’ L/C at Sight may apply.
HAMIDA TRADERS WAREHOUSE Selected warehouse-held stock β†’ direct purchase under the agreed cash/direct-settlement terms.

Need the payment term for a specific stock offer?

Ask Hamida Traders for the commercial terms applicable to that exact product and transaction before arranging payment.

Contact Us β†’